Miscellaneous News

FriedButter

Colonel
Registered Member
Expanded List.
  • A10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States
  • China 34%
  • European Union 20%
  • South Korea 25%
  • Japan 24%
  • Taiwan 32%
  • Vietnam 46%
  • India 26%
  • Thailand 36%
  • Switzrland 31%
  • Indonesia 32%
  • Malaysia 24%
  • Cambodia 49%
  • UK 10%
  • South Africa 30%
  • Brazil 10%
  • Bangladesh 37%
  • Singapore 10%
  • Israel 17%
  • Fiji 32%
  • Ukraine 10%
  • Nicaragua 18%
  • Kazakhstan 27%
  • Laos 48%
  • Cote d'ivoire 21%
  • Botswana 37%
  • Venezuela 15%
  • Philippines 10%
  • Mauritius 40%
  • Chile 10%
  • Algeria 30%
  • Jordan 40%
  • Pakistan 29%
  • Sri Lanka 44%
  • Serbia 37%
  • Madagascar 47%
  • Bosnia and Herzegovina 35%
  • Lesotho 50%
  • North Macedonia 33%
  • Norfolk Island 29%
 

CasualObserver

Junior Member
Registered Member

iewgnem

Senior Member
Registered Member
I'm not hating. I'm just stating inconvenient facts. Some of these Chinese construction companies are not good actors. I have blasted Bihar bridge construction, and Boeing shoddy manufacturing. We didn't wait for investigations to conclude the findings for those cases. We cannot be politically biased when it comes to things where irresponsibility can endanger people's lives. This Bangkok building collapse may not be their fault, but lets not pre-assume that they are gonna be innocent.
The fact is you have no facts right now, so being so convinced of a pre-determined conclusion is not warranted.
 

iewgnem

Senior Member
Registered Member
Trade war is foolish, economics 101. But what trump may think is he may try to have these importing countries reduce their profit margins. However, it's still foolish as there will be less goods available to talk USA consumers because if the importing countries suffer due to low profit margins, then they will simply stop selling to the USA. Inflation or Soviet union-like shortage of certain goods. One can't twist or spin this as economically prosperous. Feel free to challange my opinion
Tariff individual countries makes others more competitive relative to that country, when you tariff everyone you're better be sure yourself is more competitive than everyone. US is not, which means this just leveled the playing field for China and turned tariff into an effective corporate tax hike, which will be pased onto being a sales tax hike. Getting tax hating MAGA to cheer a sales tax hike is certainly one of the moves of all time.
 
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